When was Sifter founded?

Sifter was founded in 1989 and raised its 1st funding round 31 years after it was founded.

Where is Sifter located?

Sifter is headquartered in Chicago, United States. It is registered at 909 Davis Street, Suite 500 Evanston, IL 60201.

How many employees does Sifter have?

As of Dec 31, 2021, the latest employee count at Sifter is 11.

Is Sifter a funded company?

Sifter is a funded company, having raised a total of $11.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Nov 03, 2020.

When was the latest funding round of Sifter?

Sifter's latest funding was a $***** Series A round on May 25, 2022, with participation from 3 investors.

Where does Sifter rank among its competitors?

Sifter ranks 13th amongst 89 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Sifter, which secured $5M in May, 2022.

Who are the top competitors of Sifter?

Sifter's top competitors include Yuka, Codecheck and GreenChoice. Among them, Sifter secured the most recent funding round in May, 2022.

Sifter - 2026 Company Profile, Team, Funding & Competitors

Sifter is a series A company based in Chicago (United States), founded in 1989 by Thomas Parkinson and Andrew Parkinson. It operates as a Provider of nutrition technology. Sifter has raised $11.2M in funding from investors like Valor Equity Partners, Wintrust and HPA. The company has 89 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Yuka, Codecheck and GreenChoice.

Company Details

Provider of nutrition technology. It provides scalable solutions for healthcare platforms, health insurers, and food benefit providers to deliver healthy eating options.

Website: www.siftersolutions.com/
Social
Email ID: *****@siftersolutions.com
Registered Address: 909 Davis Street, Suite 500 Evanston, IL 60201

Key Metrics

Founded Year

1989

Location

Chicago, United States

Stage

Series A

Total Funding

$11.2M in 3 rounds

Latest Funding Round

Series A, May 25, 2022, $*****

Investors

Valor Equity Partners & 3 more

Ranked

13^th among 89 active competitors

Employee Count

11 as on Dec 31, 2021

Similar Companies

Yuka & 93 more

View Sifter's full profile

Sifter is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SIFTER SP, INC. CIN: 83-1377497 , United States, Active	Jul 11, 2018	-	11 (As on Dec 31, 2021)	-

Sifter has raised a total funding of $11.2M over 3 rounds. Its first funding round was on Nov 03, 2020. Its latest funding round was a Series A round on May 25, 2022 for $*****. 3 investors participated in its latest round. Sifter has 4 institutional investors.

Here is the list of recent funding rounds of Sifter:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2022	9036143	Series A	5767301	4719796	8183265	7421296
May 18, 2021	7287135	Unattributed	8457346	5381822	2941485	HPA
Nov 03, 2020	8958108	Unattributed	2522713	1719808	8168709	8102139

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View details of Sifter's funding rounds and investors

The founders of Sifter are Thomas Parkinson and Andrew Parkinson.

Here are the details of Sifter's key team members:

Thomas Parkinson: Co-Founder & CPO of Sifter and founder of 2 other companies, Sifter and Peapod. They are also an angel investor in 1 startup.
Contact Info: 2 email addresses
Andrew Parkinson: Co-Founder & Managing Partner of Sifter.

View details of Sifter's Founder profiles and Board Members

Sifter's employee count trend

Sifter has 11 employees as of Dec 21. Here is Sifter's employee count trend over the years:

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Top competitors of Sifter include Yuka, Codecheck and GreenChoice. Here is the list of Top 10 competitors of Sifter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yuka 2016, Paris (France), Seed	Application for scanning the barcodes of food and cosmetic products to evaluate impact on health	-	Wind Capital, Techmind & 3 others	61/100
2nd	Codecheck 2014, Zurich (Switzerland), Seed	Online platform providing product information to consumers through barcode scanning	$1.29M	MGO Digital Ventures, Polytech Ventures & 8 others	51/100
3rd	GreenChoice 2018, Somerville (United States), Funding Raised	App-based platform providing nutritional values of foods	-	MassChallenge, Katapult & 3 others	51/100
4th	Fig 2016, New York City (United States), Funding Raised	Provider of dietary and nutrition information	-	Artis Ventures, Gaingels & 3 others	47/100
5th	Desrotulando 2016, Porto Alegre (Brazil), Unfunded	Provider of barcode scanner to decode nutritional information	-	-	47/100
6th	Nutritionix 2010, Washington, DC (United States), Acquired	Provider of a database and API for nutritional information	$120K	-	46/100
7th	Gluten Free Scanner 2022, London (United Kingdom), Unfunded	Application for scanning barcodes to detect gluten in food items	-	-	46/100
8th	Zdrowe Zakupy 2014, Poznan (Poland), Unfunded	App-based platform providing information about the foods	-	-	46/100
9th	Wiesz Co Jesz 2019, Warsaw (Poland), Unfunded	App-based platform offering nutritional information	-	-	43/100
10th	Spoonful 2018, Orinda (United States), Funding Raised	Provider of food scanner & grocery shopping application	-	Precursor Ventures, Operate	43/100
13th	Sifter 1989, Chicago (United States), Series A	Provider of nutrition technology	$11.2M	Slojo Investments, Valor Equity Partners & 2 others	41/100